Melbourne Business School (MBS) is rated number one in Australia’s business school by The Economics 2021. The University of Melbourne and the business community jointly hold it.
Melbourne, which the Economist Intelligence Unit rated as the Most Liveable City in the world, is home to two MBS centers: Centre for Sustainability and Business & Centre for Business Analytics. Apart from offering an MBA, this school also offers a business analytics degree, besides short courses and tailored solutions for organizations.
People command about AUD110,000 as a starting salary fewer than three months after passing out. Its tuition fee ranges from AUD77,000 to AUD89,500. MBS offers financial aid to foreign students via scholarships – Excellence and Dean’s International Management Scholarships.
The objective of MBS, which is recognized by the Association to Advance Collegiate Schools of Business (AACSB) and the European Foundation for Management Development (EFMD) (EQUIS), is to prepare leaders for the long-term future by providing practical experience through several MBA relevant jobs in the Land Down Under.
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Other noteworthy rankings received by the MBS include:
University Type |
Private |
Establishment |
1963 |
Programs Offered |
MBA, Masters in Business Analytics, Short Courses, Doctoral Degrees |
Scores accepted |
GMAT, IELTS, TOEFL |
Mode of Study |
Part-Time, Full Time, Executive, Senior Executive, Online |
Academic Calendar |
Semester Based |
Tuition Fee (AUD) |
56,000-90,000 |
Financial Aid |
Scholarships Available |
The popular courses of MBS include MBA, Business Analytics, Management, International Business, and eight doctoral research degrees.
Course |
Fee (USD) |
MBA |
34,010 |
Master Business Analytics |
41,800 |
Master Analytics Management |
42,350 |
Master of Commerce [M.Com] Marketing |
34,826 |
Master of Management [M.Mgmt] |
31,618 |
MBS has three schools, one each in Sydney, Melbourne, and Malaysia. The main campus is, however, located in Carlton, a suburb of Melbourne, with an administrative building and its main office.
It also houses two research centers in the Asia-Pacific Centre for Social Impact (APSIC) and the Centre for Business Analytics (CBA), more than 200 student clubs and associations for its students at the University of Melbourne, and a devoted to it is the Giblin Eunson Library.
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Six university accommodations, eleven residential colleges, and for foreign students, there is one residence hall outside the residential colleges. The students can also stay in other facilities in Australia.
MBS offers full-time MBAs that are globally recognized, in addition to other business-related courses.
Application Portal: University of Melbourne online application
Application Fee: AUD100
Admission Conditions
English language test needs
Foreign students need to plot their finances before joining the university. These include tuition fees, rent for accommodation, and other living expenses. The average residing costs in Australia for foreign students:
Facilities |
Expected amounts (in AUD) |
Tuition fees |
56,000-90,00 |
Accommodation |
20,000-40,000 |
Health insurance |
1,500 |
Food & groceries |
4,300-8,000 |
Bills (water, electricity, gas, internet) |
65–85 |
Telephone |
20–25 |
Travel |
45 |
Recreational |
60–100 |
Others |
1,100 |
MBS has invested up to AUD2.8 million towards financial assistance for students. More than 1,200 scholarships and awards are offered to foreign students. MBS offers several scholarships, including:
Scholarship Name |
Amount (AUD) |
Programs |
MBS Scholarships |
Fluctuates |
All Programs |
Clemenger BBDO Scholarship |
50,000 |
All Programs |
Kraft Heinz Scholarship |
5 x 12,000 |
Full-time MBA, Master of Marketing, Part-time MBA |
BP Australia Scholarship in Business Analytics |
2 x 25,000 |
Master of Business Analytics |
Dean’s International Management Scholarship |
Full tuition |
Full-time MBA, Master of Marketing |
Diversity Excellence Scholarships |
50,000 |
Full-time MBA, Master of Marketing |
Reid Malley Foundation Scholarship |
25,000 |
Full-time MBA, Master of Marketing |
Helen Macpherson Smith Fellowship |
30,000 |
Full-time MBA, Master of Marketing, Part-time MBA |
Dean’s Scholarship for Women and Management |
50,000 |
Senior Executive MBA |
SEMBA Class of 2003 Scholarship |
50,000 |
All Programs |
Wandering Warriors Scholarship |
Full tuition |
Part-time MBA, Full-time MBA |
Foreign students are eligible to apply in Australia for external scholarships and loans to pursue studies, including:
MBS has alumni of more than 10,000 worldwide. Benefits for alumni include:
As the education quality at MBS is high, you can get placed in good firms. MBS’s Careers Management Centre has allied with prominent companies and top-ranked firms to offer a personal effectiveness program to develop soft skills among students.
Course |
Average Salary (AUD) |
LLM |
215,000 |
MBA |
175,000 |
Masters in Finance |
155,000 |
BBA |
120,000 |
Bachelor of Science |
110,000 |
Melbourne Business School, Australia’s second-largest city, is the country’s business education hub. The school offers admission to the best MBA courses and other management and analytics courses. MBS admits and supports applicants worldwide by means of scholarships, loans, and grants.
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